JGP Global Gestao de Recursos Ltda. Makes New Investment in Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA)

JGP Global Gestao de Recursos Ltda. bought a new position in Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA) in the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 65,786 shares of the company’s stock, valued at approximately $785,000. Loma Negra Compañía Industrial Argentina Sociedad Anónima comprises approximately 1.8% of JGP Global Gestao de Recursos Ltda.’s portfolio, making the stock its 11th biggest position.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. GAMMA Investing LLC grew its holdings in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima by 126.5% during the 4th quarter. GAMMA Investing LLC now owns 4,455 shares of the company’s stock worth $53,000 after purchasing an additional 2,488 shares during the period. SG Americas Securities LLC purchased a new position in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima during the 4th quarter worth $109,000. Systrade AG purchased a new position in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima during the 4th quarter worth $143,000. BNP Paribas Financial Markets grew its holdings in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima by 314,275.0% during the 3rd quarter. BNP Paribas Financial Markets now owns 12,575 shares of the company’s stock worth $101,000 after purchasing an additional 12,571 shares during the period. Finally, Virtu Financial LLC grew its holdings in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima by 21.5% during the 3rd quarter. Virtu Financial LLC now owns 18,945 shares of the company’s stock worth $153,000 after purchasing an additional 3,355 shares during the period. 19.32% of the stock is owned by institutional investors and hedge funds.

Loma Negra Compañía Industrial Argentina Sociedad Anónima Stock Performance

NYSE LOMA opened at $12.13 on Monday. The stock has a market cap of $1.41 billion, a PE ratio of 20.55 and a beta of 1.33. The company has a current ratio of 1.29, a quick ratio of 0.43 and a debt-to-equity ratio of 0.19. Loma Negra Compañía Industrial Argentina Sociedad Anónima has a twelve month low of $5.70 and a twelve month high of $13.79. The stock has a fifty day simple moving average of $12.04 and a 200-day simple moving average of $9.45.

Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA) last announced its earnings results on Wednesday, November 6th. The company reported $0.19 EPS for the quarter. Loma Negra Compañía Industrial Argentina Sociedad Anónima had a return on equity of 8.60% and a net margin of 9.42%. The company had revenue of $192.07 million during the quarter. During the same quarter last year, the business earned $0.21 earnings per share. Equities analysts anticipate that Loma Negra Compañía Industrial Argentina Sociedad Anónima will post 1.25 earnings per share for the current year.

Loma Negra Compañía Industrial Argentina Sociedad Anónima Profile

Loma Negra Compañía Industrial Argentina Sociedad Anónima, together with its subsidiaries, manufactures and sells cement and its derivatives in Argentina. The company operates through Cement, Masonry Cement and Lime; Concrete; Railroad; Aggregates; and Others segments. It offers masonry cement, aggregates, ready-mix concrete, concrete, and lime to wholesale distributors, concrete producers, industrial customers, and others for use in the construction.